Columbus approves $53.2M in bonds for affordable housing and development

Columbus will issue up to $53.245 million in bonds for neighborhood development and affordable housing, including housing preservation, home repairs and 12 named development projects. The bonds will be repaid through an annual property-tax levy outside the 10-mill limit, with a maximum maturity of 20 years. City Council approved the plan 9-0 on Oct. 19, and the mayor signed it Oct. 21.

To authorize the issuance of unlimited tax bonds in an amount not to exceed $53,245,000.00 for neighborhood development-related projects; and to declare an emergency. ($53,245,000.00)

Oct 19, 20262869-2026: To authorize the issuance of unlimited tax bonds in an amount not to exceed $53,245,000.00 for neighborhood development-related projects; and to declare an emergency. ($53,245,000.00)Source documentPDF